Ga. Tech Generates Highest Economic Impact among University System Institutions

Institute also produces 18,127 full- and part-time jobs

Posted June 7, 2011 | Atlanta, GA

A newly released report indicates
that the Georgia Institute of Technology made a $2.15 billion economic impact during
fiscal year 2010, the highest of any institution in the University System of
Georgia (USG). The Selig Center for Economic Growth in the University of
Georgia’s Terry College of Business also found that Georgia Tech generated
18,127 full- and part-time jobs.

The annual study showed that with a
$12.6 billion economic impact on the state’s economy in FY2010, Georgia’s
public university system remains a powerful economic engine for the state, generating
130,738 full- and part-time jobs statewide during the same time period.

The eight
institutions of the University System located in the metro Atlanta area
accounted for $5.8 billion of the USG’s $12.6 billion total. Georgia Tech,
Georgia State University, Clayton State University, Kennesaw State University,
Southern Polytechnic State University, Georgia Gwinnett College, Atlanta
Metropolitan College and Georgia Perimeter College also produced 53,658 jobs.